In August 2017, the controversy over Bitcoin’s scalability issues led to its blockchain being split for the first time in history, resulting in its first hard fork — Bitcoin Cash (BCH). Bitcoin Cash was a cryptocurrency with a purpose. Its proponents wanted a digital currency that would reduce high transaction fees associated with Bitcoin (BTC), making everyday use of cryptocurrencies viable. This was to be achieved by increasing the block size limits of Bitcoin’s blockchain from 1 MB to 8 MB (later to 32 MB). Ever since its conception, Bitcoin Cash proponents have been clashing with Bitcoin proponents who favored…

This story continues at The Next Web

Or just read more coverage about: Bitcoin